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Nov 28, 2012
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to the "fiscal cliff." but a disconnect remains in what the parties are willing to do to prevent it. some republicans are willing to consider some tax hikes but they are insisting on larger budget cuts to "benefit programs" which democrats oppose. if all signs can't agree on the plan before year's end, automatic tax hikes and across- the-board budget cuts will kick in. >> let's turn the election off bring everybody together and try to solve big problems. >> the richest of the rich are going to have to pay more to solve the financial problems we have in this country. >> the white house is take the "fiscal cliff" debate to social media. the hashtag my 2k on twitter is a reference to the estimated $2,200 tax increase that a typical middle class family of four would see if the bush tax cuts expire. >>> it is 5:42. coming up, it's one of apple's rare public failures. the new fallout over the map fiasco. we have the latest. too close for comfort a car plows into jewelry store. what it missed seconds before. ,, oo
to the "fiscal cliff." but a disconnect remains in what the parties are willing to do to prevent it. some republicans are willing to consider some tax hikes but they are insisting on larger budget cuts to "benefit programs" which democrats oppose. if all signs can't agree on the plan before year's end, automatic tax hikes and across- the-board budget cuts will kick in. >> let's turn the election off bring everybody together and try to solve big problems. >> the...
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Nov 30, 2012
11/12
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we're keeping our eye on the "fiscal cliff" this morning and the markets are changing as we speak. but earlier this morning asian markets rallied on gains by exporters and year end buying. tokyo's nikkei gained .5% to close out a 7 month high while hong kong's hang seng also rows .5%. >>> on wall street, stocks ended modestly higher on homes of a budget deal and on encouraging economic reports. dow was up 36 on thursday. the nasdaq finished 20 points higher. >>> and president obama presented his plan to avoid the "fiscal cliff" to members of congress. the $4trillion plan includes $1.6 trillion in new taxes on upper income americans. $400billion in cuts to medicare and other entitlement programs. $50billion in stimulus spending and the end of congressional control over the debt ceiling. both sides remain at a standoff over the issue of raising taxes on higher income earners. but the president said he will not sign any bill that does not include higher taxes for top earners. the white house is calling this proposal an opening bid but house speaker john boehner says no real progress i
we're keeping our eye on the "fiscal cliff" this morning and the markets are changing as we speak. but earlier this morning asian markets rallied on gains by exporters and year end buying. tokyo's nikkei gained .5% to close out a 7 month high while hong kong's hang seng also rows .5%. >>> on wall street, stocks ended modestly higher on homes of a budget deal and on encouraging economic reports. dow was up 36 on thursday. the nasdaq finished 20 points higher. >>> and...
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Dec 21, 2012
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a setback in the "fiscal cliff" talks triggered a sell-off overseas this morning. tokyo's nikkei lost 1% while hong kong's hang seng also dropped half a percent. wall street stocks fared better rebounding from earlier losses yesterday. the dow ended 59 points higher on thursday's trading while the nasdaq was up 6 points. >>> research in motion says it lost one million blackberry subscribers around the world in the last quarter. the plunge is the first for blackberry leaving it with 79 million users. their stock was down more than 10% in after-hours trading after it says it will change the way it charges fees. they expect to launch new smartphones next month which some analysts say is critical to its survival. >>> instagram the mobile picture sharing service owned by facebook has bowed to user pressure. it is revising its controversial terms of service policy. among them the company said is advertisers could display user's mottos without asking or paying for -- photos without asking or paying for them. instagram says there are now no such plans. i think after people
a setback in the "fiscal cliff" talks triggered a sell-off overseas this morning. tokyo's nikkei lost 1% while hong kong's hang seng also dropped half a percent. wall street stocks fared better rebounding from earlier losses yesterday. the dow ended 59 points higher on thursday's trading while the nasdaq was up 6 points. >>> research in motion says it lost one million blackberry subscribers around the world in the last quarter. the plunge is the first for blackberry leaving...
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Dec 28, 2012
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cliff." ed payne tells us they only have four days. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> report
cliff." ed payne tells us they only have four days. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts...
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Nov 28, 2012
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avoid that "fiscal cliff" at the end of the year. some republicans have said they are willing to consider some tax increase but they are insisting on larger budget cuts to benefit programs which of course the democrats oppose. if all sides can't agree on a spending plan before year's end the automatic tax hikes and across-the-board budget cuts kick in. >> we must do everything we can to ensure that middle class families are not hit with $2,200 a year in tax increases. >> i hope cooler heads will prevail as we move through the process. we need to be working together. >> president obama is trying to generate public support for his ideas. he is going to meet with corporate executives today at the white house, then travel to pennsylvania friday to push for highers taxes for the wealthy. >>> susan rice on capitol hill today again to meet with lawmakers. the u.n. ambassador is trying to explain comments she made shortly after attacks on the u.s. consulate in benghazi, libya. yesterday she met with three of her strongest senate critics incl
avoid that "fiscal cliff" at the end of the year. some republicans have said they are willing to consider some tax increase but they are insisting on larger budget cuts to benefit programs which of course the democrats oppose. if all sides can't agree on a spending plan before year's end the automatic tax hikes and across-the-board budget cuts kick in. >> we must do everything we can to ensure that middle class families are not hit with $2,200 a year in tax increases. >> i...
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Nov 30, 2012
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it's about the "fiscal cliff" on wall street but we have a number of positive signals on the economy. consumer spending did pull back in october according to the commerce department by 2/10 this is the of a percent following an 8/10th of a percent of gain in the previous month. superstorm sandy depressed spending. unless holiday sales soar over the 4th quarter it's going to be tough for the economy to continue the gain of 2.7% that the commerce department reported in the 3rd quarter yesterday. stockton focused on any talks out of d.c. -- stock market focused on any talks out of d.c. on the "fiscal cliff." the dow over 13,000. pretty modest start to the day today. right now the dow is up by 5 points. nasdaq though falling by 3. s&p down by one. social game maker zynga getting hit hard after announcing it and facebook are changing their partnership. zynga down 7.5%, facebook down slightly. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> a tale of two uncomfortable pairings. first the san francisco 49ers with two starting quarterbacks. and a power lunch betwe
it's about the "fiscal cliff" on wall street but we have a number of positive signals on the economy. consumer spending did pull back in october according to the commerce department by 2/10 this is the of a percent following an 8/10th of a percent of gain in the previous month. superstorm sandy depressed spending. unless holiday sales soar over the 4th quarter it's going to be tough for the economy to continue the gain of 2.7% that the commerce department reported in the 3rd quarter...
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Dec 25, 2012
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cliff? as the leaders on capitol hill try to agree, locals say they are prepared to lose billions. >> locals are brace -- brace for the possibility of cuts. here is the story. >> this morning a smiling san pan mayor ed lee was one of the first officials to show up at the annual toy drive. but it doesn't look like american cities or counties will get a lot of cheer out of washington with the pending fiscal cliff and the threat of $7.5 billion in cuts. >> most of the cuts would be in health care, welfare programs for the poor, housing. >> across the bay alameda could bety supervisor predicted. >> our wic program which is a program for mothers to get nutrition for their newborn babies, that would experience a large cut. >> education would also take a hit. >> this would undo a lot of the good of the extra taxes carolinianstns are willing to invest. particularly special needs would have cuts as much as 10 10%. also, the meals program. >> it is not just the immediate cuts that worries the local of
cliff? as the leaders on capitol hill try to agree, locals say they are prepared to lose billions. >> locals are brace -- brace for the possibility of cuts. here is the story. >> this morning a smiling san pan mayor ed lee was one of the first officials to show up at the annual toy drive. but it doesn't look like american cities or counties will get a lot of cheer out of washington with the pending fiscal cliff and the threat of $7.5 billion in cuts. >> most of the cuts would...
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Dec 21, 2012
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. >> plus the "fiscal cliff" failure. boehner pulls the plug on his backup plan. what's next in the stalemate. >> and the neighbors have spoken. a 7-eleven shut out of a peninsula city. why some say it should not have been there in the first place. ,,,,,, i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with drug-free breathe right. these nasal strips instantly open my nose, like a breath of fresh air. i was breathing and sleeping better. [ female announcer ] exercise your right to breathe right. get two free strips at breatheright.com. hey it's your right to breathe right. morning.. to combat big sev bay area malls this morningo combat big crowds.. it's in response to the releas >>> new this morning, take a look. police are called out to several bay area malls this morning to combat big crowds. this is in response to the release of the air jordan 11 shoe. chopper 5 you can see is over the scene right no
. >> plus the "fiscal cliff" failure. boehner pulls the plug on his backup plan. what's next in the stalemate. >> and the neighbors have spoken. a 7-eleven shut out of a peninsula city. why some say it should not have been there in the first place. ,,,,,, i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with...
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Dec 27, 2012
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drab holiday sales and investor concerns over the looming "fiscal cliff" pushed stocks down for a third consecutive day. the dow lost 24 points thursday. the nasdaq fell 22. asian stocks are higher this morning after china's industrial companies showed profits. tokyo's nikkei gained 1% to finish at a 21-month high. hong kong's hang seng rose half a percent. >>> president obama returns to washington for one final effort to avert the so-called "fiscal cliff." with just five days left until the deadline and no sign of a compromise, congressional leaders are urging the senate to consider a bill that's already passed in the house that would extend existing tax cuts. >>> the us treasury department says it will start taking steps to postpone the government from hitting the $16.4 trillion debt limit the money the government can spend to finance its operations. >>> toyota will pay the biggest sum of money ever recorded for a car defect. the proposed $1 billion settlement will resolve a class action lawsuit for hundreds of toyota owners who claim unintended acceleration problems caused numerous c
drab holiday sales and investor concerns over the looming "fiscal cliff" pushed stocks down for a third consecutive day. the dow lost 24 points thursday. the nasdaq fell 22. asian stocks are higher this morning after china's industrial companies showed profits. tokyo's nikkei gained 1% to finish at a 21-month high. hong kong's hang seng rose half a percent. >>> president obama returns to washington for one final effort to avert the so-called "fiscal cliff." with...
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Nov 23, 2012
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cliff" and a positive start this morning. let's look at the numbers. right now the dow is gaining 58 points. nasdaq is up by 16. s&p moving higher by 6 points. and walmart shares are moving just slightly higher. michelle and brian, back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> following in the footsteps of online retailers the cash- strapped u.s. postal service will be testing out same-day delivery this holiday season. same day. it will happen here in the bay area. the u.s. ps will partner with retailers and begin offering the service in san francisco this december. if things run smoothly it will en spanned to new york, chicago -- it will expand to other cities like new york, chicago and boston next year. >>> it's 6:49. let's check the weather. >> if they run smoothly. >> yeah. >> but they have to do something. the postal service is losing lots of money around the nation. wow. all right. shall we talk some weather? >> why not. [ laughter ] >>> around the bay area today, we are look at some sunsh
cliff" and a positive start this morning. let's look at the numbers. right now the dow is gaining 58 points. nasdaq is up by 16. s&p moving higher by 6 points. and walmart shares are moving just slightly higher. michelle and brian, back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> following in the footsteps of online retailers the cash- strapped u.s. postal service will be testing out same-day delivery this holiday season. same day. it will...
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Dec 18, 2012
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house speaker john boehner met with fellow republicans this morning to discuss president obama's "fiscal cliff" proposal. the speaker also began work on a so-called plan b to prevent a tax increase in case he doesn't reach a deal with the white house before january 1. >> our plan b would protect american taxpayers who make a million dollars or less. >> reporter: the white house quickly rejected boehner's backup proposal. >> the so-called plan b that's been put out there achieves nothing. he would lose hundreds of buffalos dollars of revenue. >> reporter: the president initially insisted on letting tax cuts expire for households making $250,000 a or more. but the new white house counter proposal raises that threshold to $400,000. for the first time, the president is willing to accept some reduction in future cost of living benefit increases for social security recipients. in addition to his negotiations with the president, boehner has another challenge, convincing gop conservatives to accept any increases in income taxes. many republicans believe tax increases will hurt small businesses.
house speaker john boehner met with fellow republicans this morning to discuss president obama's "fiscal cliff" proposal. the speaker also began work on a so-called plan b to prevent a tax increase in case he doesn't reach a deal with the white house before january 1. >> our plan b would protect american taxpayers who make a million dollars or less. >> reporter: the white house quickly rejected boehner's backup proposal. >> the so-called plan b that's been put out...
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Dec 9, 2012
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let's take a look at this morning's top stories. >> more back and forth on how to avert that fiscal cliff. we are just 22 days before the deadline. president obama says he is willing to cut some entitlements and speaker john boehner is not ruling out a tax hike for top earners. >>> and muni is contemplating changing their fare to be based on a person's income. the bay area lead transit body is conducting a study on the issue due to riders' mixed feelings. >>> and "face the nation" is coming up next on cbs 5. for us, we move over to the cw, where salmon have suddenly appeared after a 50-year absence. channel 44, cable 12, starting at 8:30 a.m. >> what are we supposed to do? we're supposed to swim upstream. we forgot about that. >> well, right now, no water to speak of in our skies. >> and probably a well-deserved break. as we have a look outside, it's going to be sunny and breezy. northwesterlies kick up, a dry direction, kind of chapped lips weather. feferlts, plenty of sunshine. temperatures are going to be in the mid-60s on average in the bay area, going to be nice. next chance of rain
let's take a look at this morning's top stories. >> more back and forth on how to avert that fiscal cliff. we are just 22 days before the deadline. president obama says he is willing to cut some entitlements and speaker john boehner is not ruling out a tax hike for top earners. >>> and muni is contemplating changing their fare to be based on a person's income. the bay area lead transit body is conducting a study on the issue due to riders' mixed feelings. >>> and...
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Dec 13, 2012
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being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week average down to 381,000, still an effect from sandy affecting that number. as far as retail sales go in november, we saw a pretty decent gain up 3/10ths of a percent after a similar loss the month before. better when you strip out falling gas prices. sales were up 8/10ths of a percent. wholesale side inflation fell faster than expected last month. >>> google has come back to apple as far as maps go. apple having all sorts of problems with its map that replaced google maps a few months ago led to an apology from the ceo tim cook the firing of a long-time direction and lots of bad directions. so apple will br
being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week average down to 381,000, still an effect from sandy...
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Dec 27, 2012
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to washington this morning as senate democrats try to breathe life into the fiscal cliff negotiations. there are just five days left before across-the-board tax increases and spending cuts kick in. chip reid is in the capitol. chip, good morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednes
to washington this morning as senate democrats try to breathe life into the fiscal cliff negotiations. there are just five days left before across-the-board tax increases and spending cuts kick in. chip reid is in the capitol. chip, good morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases...
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Nov 9, 2012
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cliff." mr. obama set to deliver a speech later this morning. if congressional democrats and the republicans don't reach a budget deal by year's end the bush-era tax cuts will expire and deep across-the-board cuts will kick in. vice president joe biden and others in washington are expressing confidence it can be avoided. >> we're not going over the cliff. we're determined not to go over the cliff. i think better heads will prevail. >> let's hope so. the congressional budget office predicts the "fiscal cliff" would send the unemployment rate skyrocketing above 9% next year. >>> time now is 5:11. forget black friday. which retailers want to get you in the door on thanksgiving. >> plus, creepy or totally natural? the breast-feeding babydol that has some parents outraged. coming up. ,, drivers off guard today. cbs reporter sean bennett in nyack with the conditions rt now. mick hodges tow truck driver "and they let a bunch of cas through without any chains d then it started sn here's all thes >>>
cliff." mr. obama set to deliver a speech later this morning. if congressional democrats and the republicans don't reach a budget deal by year's end the bush-era tax cuts will expire and deep across-the-board cuts will kick in. vice president joe biden and others in washington are expressing confidence it can be avoided. >> we're not going over the cliff. we're determined not to go over the cliff. i think better heads will prevail. >> let's hope so. the congressional budget...
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Dec 31, 2012
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trying to avoid the fiscal cliff. if there's no agreement by midnight and we go over the cliff, economists predict america will go back into a recession. >> here's what will happen starting tomorrow. income taxes would increase $2,400 a year for families with an annual income of $50,000 to $75,000. their social security taxes would also go up on average $1,000 a year. and some 2 million jobless americans stand to lose their fed caleral unemployment benefits. in all, the congressional budget office says going over the cliff could cost the country more than 3 million jobs in 2013. we begin our coverage with nancy cordes on capitol hill. good morning. >> reporter: good morning. the senate is set to reconvene in about an hour. we're told negotiations progressed well last night, that the vice president is now heavily involved and that the two sides have moved significantly towards one another on the top issue, which is tax cuts. but the big question is whether they can make it the rest of the way before tonight's deadline.
trying to avoid the fiscal cliff. if there's no agreement by midnight and we go over the cliff, economists predict america will go back into a recession. >> here's what will happen starting tomorrow. income taxes would increase $2,400 a year for families with an annual income of $50,000 to $75,000. their social security taxes would also go up on average $1,000 a year. and some 2 million jobless americans stand to lose their fed caleral unemployment benefits. in all, the congressional...
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Dec 12, 2012
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hill where the "fiscal cliff" standoff could be decided. we'll ask former house speaker nancy pelosi where the negotiations stand today. >> plus, john miller is learning new details about the shooter at the mall outside of portland, oregon. and we'll take you to the new york's one world trade center where right now, the crews are working to raise the spire that will make it the tallest tower in the western hemisphere. those stories and more when we see you at 7:00. >> thank you. >>> two secret santas went on a shoppping spree in the east bay. walmart shoppers are still talking about the couple who handed out gifts and cash to total strangers. they paid shoppers' store bills at the register inside a livermore walmart on friday. they bought a toy sewing machine for a little girl when they heard she wanted one. >> they're nice people and giving other people stuff they can't afford. >> the walmart manager says the couple told workers they didn't want any recognition and they didn't want to be named. very generous. >>> well, if you can't dress u
hill where the "fiscal cliff" standoff could be decided. we'll ask former house speaker nancy pelosi where the negotiations stand today. >> plus, john miller is learning new details about the shooter at the mall outside of portland, oregon. and we'll take you to the new york's one world trade center where right now, the crews are working to raise the spire that will make it the tallest tower in the western hemisphere. those stories and more when we see you at 7:00. >>...
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Dec 28, 2012
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investors remain on edge as monday night's "fiscal cliff" deadline inches closer. president obama meets with congressional leaders today to try and hammer out a last- minute plan to avoid billions of dollars in automatic tax increases and government spending cuts set to kick in january 1. a new report suggests the looming "fiscal cliff" is forcing consumers to lose confidence in the nation's economy. the conference board says its consumer price index fell sharply for the second month. >>> a potential dock worker strike is possible on the east and gulf coast which threatens to cost the nation's economy billions. more than 14,000 longshoremen are ready to walk off the job sunday. a strike would shut ports from boston to houston. those ports move as much as 100 million tons of goods each year including everything from flat screen tvs, sneaker and snow shovels. >>> the housing market shows new signs of rebounding. the commerce department says sales of new homes increased by about 4.5% in november from the month before. that's the fastest pace in two years. >>> and that
investors remain on edge as monday night's "fiscal cliff" deadline inches closer. president obama meets with congressional leaders today to try and hammer out a last- minute plan to avoid billions of dollars in automatic tax increases and government spending cuts set to kick in january 1. a new report suggests the looming "fiscal cliff" is forcing consumers to lose confidence in the nation's economy. the conference board says its consumer price index fell sharply for the...
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Dec 18, 2012
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. >>> president obama and house speaker john boehner are still in touch about the fiscal cliff. and there's new progress to report this morning from those negotiations. boehner is discussing the latest white house proposal with fellow republicans today. major garrett is at the white house. major, are we finally close to a deal? >> reporter: it looks that way and it feels that way nora, charlie, and gale. there is no timetable for announcing it, but there are people who would not be surprised that there was an announcement possibly as early as tomorrow and maybe voting this week on the final compromise to avert the fiscal cliff. now if you want all the underlying, really nerdy details, go to cbsnews.com. i have a piece that has them there. let's go over broad outlines. the president yesterday made two significant concessions. one, he had previously said he wanted income taxes raised for everyone making more than $250,000. he raised the threshold yesterday to house and senate republicans to $400,000. and for the first time the president said he would be willing to accept some redu
. >>> president obama and house speaker john boehner are still in touch about the fiscal cliff. and there's new progress to report this morning from those negotiations. boehner is discussing the latest white house proposal with fellow republicans today. major garrett is at the white house. major, are we finally close to a deal? >> reporter: it looks that way and it feels that way nora, charlie, and gale. there is no timetable for announcing it, but there are people who would not...
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Dec 11, 2012
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how the "fiscal cliff" affected his prize. we'll tell you. >> and a mother and her son rushed to escape their burning home in hayward. what she saw just before that has arson investigators on alert. >> and i'm live in daly city where a car drove over an embankment into a ditch the chp says one person may be suffering major injuries. we'll have more details in a live report coming up. ,, ,,,,,,,,,,,,,,,,,,,, >> >> your realtime captioner: linda marie macdonald story. >>> in daly city a car went over a cliff. we'll have details in a moment. >> a mother and son escape a burning home in hayward. why arson investigators call the fire suspicious. >> mostly clear and cold. rain tomorrow. we'll talk about that coming up. >> conditions at the bay bridge toll plaza, it's already starting to stack up in the cash lanes fastrak okay. much more "timesaver traffic" coming up. >>> good morning, everyone. it's tuesday, december 11th. i'm michelle griego. >> hi, everyone. itm frank mallicoat.
how the "fiscal cliff" affected his prize. we'll tell you. >> and a mother and her son rushed to escape their burning home in hayward. what she saw just before that has arson investigators on alert. >> and i'm live in daly city where a car drove over an embankment into a ditch the chp says one person may be suffering major injuries. we'll have more details in a live report coming up. ,, ,,,,,,,,,,,,,,,,,,,, >> >> your realtime captioner: linda marie macdonald...
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Dec 19, 2012
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the deadlock just 13 days to go until we go over the "fiscal cliff." >> huge lapses in security. the new report blasting the state department for the deadly consulate attack in libya. >> and fearless or foolish? a man makes the dangerous decision to tackle an armed robber. ,,,,,,,,,,,,,,,,,,,,,,,, convenience store clerk in spokane, washington. but as the robber starts to make a break for it, a man >>> check out this surveillance video. a masked arm robber demands money from a convenience store clerk in washington state. as the robber makes a break for it a man at the store tackled him to the ground holding him until police arrive. turns out the hero is actually the cashier's brother. but hey, i don't know. you have a gun pointing in your face? maybe let them take the money. anyway, take a look at this mess. a huge tree came crashing down on this truck in south los angeles. the driver was inside when it happened. he was stuck for quite some time. but he suffered no injuries. luckily. high winds in the area, they brought several trees and power lines down yesterday. it's amazing.
the deadlock just 13 days to go until we go over the "fiscal cliff." >> huge lapses in security. the new report blasting the state department for the deadly consulate attack in libya. >> and fearless or foolish? a man makes the dangerous decision to tackle an armed robber. ,,,,,,,,,,,,,,,,,,,,,,,, convenience store clerk in spokane, washington. but as the robber starts to make a break for it, a man >>> check out this surveillance video. a masked arm robber demands...
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Dec 13, 2012
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norah o'donnell is off. >>> talks to avoid the fiscal cliff are off. they talked twice this week and boehner says they still have serious differences. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and gayle. the knives are coming out in the fiscal cliff process. i don't mean the political ones. today i've learned house members, republican and democrat, received a letter ordering 11% across the board spending cuts in their own office budget to comply with the government line across the board spending cuts if there is no fiscal cliff deal. dealing with those cuts might force some action. that's going to be necessary. the stalemate right now is genuine. president obama wants republicans to commit publicly to raising income tax rates on the top 2% of households. republicans want the president to commit to spending cuts. then they'll talk about raising taxes next year in the context of tax reform but neither side trusts each other's motives or willingness to cut a deal. that lack of trust as well as a lack of s
norah o'donnell is off. >>> talks to avoid the fiscal cliff are off. they talked twice this week and boehner says they still have serious differences. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and gayle. the knives are coming out in the fiscal cliff process. i don't mean the political ones. today i've learned house members, republican and democrat, received a letter ordering 11% across the board spending cuts in their own office...
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Nov 23, 2012
11/12
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dersressional leaders are looking at win/win scenarios to avoid the fiscal cliff. te goal is to bring in more revenue without raising tax rates, allowing both appears to say we stood our ground. high income tacks payers thaksed inco at the top rate. >>> a new arms race in cyber space. many governments are worried hat hackers could get into aeir mainframe computers, eurning to american companies ky, those that can be tricky, though. u.s. company needs a license from the state department before t can work for a foreign country. >>> usa today reports delve straighting drought is expected to last until e >>> we're looking very nice outside right now. the sun is up and looking good today. going to see a lot of sunshine throughout the entire day a few high clouds overhead. we have been seen patchy fog in the valleys. the temperatures now still chilly 39 degrees in santa rosa, 41 in san jose. 54 degrees in san francisco this afternoon, expecting lots of 60s. some places maybe sneaking into the low 70s. next couple of days going to be a beautiful weekend ahead other than s
dersressional leaders are looking at win/win scenarios to avoid the fiscal cliff. te goal is to bring in more revenue without raising tax rates, allowing both appears to say we stood our ground. high income tacks payers thaksed inco at the top rate. >>> a new arms race in cyber space. many governments are worried hat hackers could get into aeir mainframe computers, eurning to american companies ky, those that can be tricky, though. u.s. company needs a license from the state department...
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Dec 19, 2012
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. >>> in the fiscal cliff negotiations, one day can make a big difference. 24 hours ago it sounded as though the president and house republicans were close to a deal. but this morning with 13 days to the deadline, progress appears to have stalled. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and norah. good morning to your viewers in the west. optimism has not yet turned to pessimism. republicans and the white house still think a deal is possible and still want to get a deal and believe it can happen if the other side would just give a little. the problem on tuesday, no one was in a particular giving mood. house speaker boehner took a day off from near constant fiscal cliff negotiations with president obama. boehner said the white house still wants too much in tax revenue and refuses to bring new revenue in line. >> we do not have a balanced plan. only willing to fund $815 billion worth of cuts over ten years. >> reporter: bain soehner is isl talking to the white house. the house may vote soon on a bill to raise taxes on households raisi
. >>> in the fiscal cliff negotiations, one day can make a big difference. 24 hours ago it sounded as though the president and house republicans were close to a deal. but this morning with 13 days to the deadline, progress appears to have stalled. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and norah. good morning to your viewers in the west. optimism has not yet turned to pessimism. republicans and the white house still think a...